$BTC Bitcoin Faces a Key Test as Market Maturity Grows

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According to Odaily, Bloomberg's Senior Commodity Strategist, Mike McGlone, stated on platform X that Bitcoin is approaching a 'key test' regarding its potential for further gains. In early June, Bitcoin's annual volatility against gold hit a historic low, indicating market maturity. However, this could also suggest that the best appreciation cycle for the cryptocurrency might be coming to an end.